The NMA Trading System refers to a trading strategy that incorporates the Nick Moving Average (NMA), also known as the Nick Rypock Trailing Reverse (NRTR) trading system, and it utilizes the Heikin-Ashi technique. The NMA or NRTR is designed to help traders identify and follow trends in the market by using a trailing stop loss method to determine entry and exit points.
Dow Jones Weekly NMA Chart
The Dow Jones has been in a sell position since May 21, according to the NMA (Nick Moving Average) chart analysis on weekly timeframes, with a trailing stop loss positioned at 10966. For the trend to shift to a buy position(long term bullish mode), the Heikin-Ashi candlestick for a week—calculated as the average of the week’s open, low, high, and close prices—needs to exceed 10966. If this condition is not met, the current sell trend in the Dow Jones is expected to persist.
Once again a great work done buy you sir, 🙂
Sir from where can I get the EOD data for dow jones?
Can you plz provide a link do download Dow Jones data till date & from where can I download the rest of the data in up coming Future.
Thx sir awaiting for a positive response
Try out here for DowJones EOD data
Download the csv file and import into your Amibroker
thx a lot sir 🙂
how i can use ?